SUM 2.70% 19.0¢ summit minerals limited

If I were totally insane and had a lazy $15k to throw around I...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 310 Posts.
    lightbulb Created with Sketch. 163
    If I were totally insane and had a lazy $15k to throw around I might try and average down, for the sole purpose of making it easier (or faster) to exit if and indeed when we get a rerate of some sort.

    I am a frustrated shareholder, I was here for the Antimony which we seem to have lost interest in despite being in possession of two of the highest grade reserves on the mineral in the country, Antimony-Salt battery tech ticking away, Western divergance away from Chinese supply chains and the price of concentrate being near ATH.

    I never voted against the Castor aquisition because I thought it would be a good thing, I know noone expected the bottom would totally fall out of the Lithium market and now it turns out to have been all for naught. If the management wants to increase SH confidence they should fork out a bit more themselves.

    Rant over.
    OP.
 
watchlist Created with Sketch. Add SUM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.